CWCB Repayment Contract ALP

I est,
2 tov
3 the
4 not
fishes that the Final Repayment Obligation is in excess of any payments made by the State
d the Estimated Repayment Obligation of $36,214,474 the State will have the option to pay
maining balance of the Final Repayment Obligation 180 days from the date of written
5 O After the 180 -day final payment option established in Article 7(f) has expired, the
6 unpE id portion of the Final Repayment Obligation shall become the Remaining Repayment
7 Obli ation of the State. The United States will assign that Remaining Repayment Obligation, on
8 a pr rata basis, to a portion of the State's Project allocation, subject to the procedures of Section
9 6(a) 3)(B) of the Settlement Act, as amended. The formula to determine the portion of the State's
10 Proj et allocation that this Remaining Repayment Obligation will be assigned is as follows:
11
Rei fining 10,440
Proj ct Allocation = (Final Repayment Obligation - Repayment Received) x Acre-
4
iring Final Repayment Obligation Feet
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13 Th above calculation to identify the Project allocation assigned to the Remaining Repayment
14 Obligation will be rounded to the nearest whole acre -foot of storage.
15 (h) Upon final cost allocation, if the State elects not to pay the Remaining Repayment
16 Ob igation to the United States for the remaining Project allocation (including storage) described
17 an calculated in Article 7(g), then this portion of the State's Project allocation shall be subject
18 to a procedures of relinquishment as specified by Section 6(a)(3)(B) of the Settlement Act, as
19 amended.
20 It is agreed that during construction every attempt will be made to keep Non - Contract
21 C I(i)
is at or below 30 percent of the final contract costs. The United States will continue to
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